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Hargreaves chief operating officer leaves after eight months

Online stockbroker, which only this week appointed new finance boss, loses chief operating officer who joined last June.

 
Hargreaves chief operating officer leaves after eight months

Hargreaves Lansdown’s (HRGV) chief operating officer has left the company just eight months after joining.

Vikki Williams joined Hargreaves Lansdown from Barclays at the start of June 2015.

She succeeded Nigel Bence as the online stockbroker's chief operating officer when he retired.

As part of the role she sat on the board of a number of the company’s subsidiaries, including Hargreaves Lansdown Asset Management which runs the company’s Vantage platform.

Hargreaves has not yet appointed a successor to Williams.

A spokesman for Hargreaves Lansdown said Williams left the business for ‘personal reasons’ and confirmed she left the company this month.

She is the second person to leave the board of Hargreaves Lansdown Asset Management in six months.

Last October Nick Marson, who was director of Vantage and broking operations, also left the company as part of a management reshuffle.

Hargreaves Lansdown has only just appointed Chris Hill as its new chief financial officer, replacing Tracey Taylor, who left last year.

6 comments so far. Why not have your say?

Dennis .

Feb 05, 2016 at 17:36

A bit scary, I wonder what's going on?

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Ladysaver

Feb 05, 2016 at 19:06

Tend to agree, Dennis. Companies can be very opaque and mealy-mouthed about why executives leave. Maybe they're just being polite, or maybe they're covering up a mess. They seem not to realise how unsettling this is for customers and/or shareholders. I remember looking at the website of HBOS not long before the Great Crash of 2008, and the churn of senior people was unsettling. It looked like a revolving door.

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Mike R

Feb 05, 2016 at 22:35

well her predecessor retired with HL, so perhaps the headhunting Company got it wrong or personal reasons ?? After all it took them over a year to find a suitable replacement for the Financial Director . Bristol is perhaps too far from the lure of the City ??

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William Fowler

Feb 07, 2016 at 11:03

The bigger they get, the more difficult it becomes to keep control. Tell me when it's been any different.

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Mike R

Feb 07, 2016 at 13:10

And sometimes it takes a hiring and Firing to ensure a move forward. The Chairman and the Board can play a big part in any re organisation.

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Bob saxton

Feb 09, 2016 at 09:46

What has happened to Richard Hunters daily update. Bob the electrician

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